Project profile
Terraces Marasi Drive Project · Business Bay · prices, sales and rents
Registered prices, construction progress and the record across its buildings.
Developer: Key Mavens For Real Estate Development
Data to 5 November 2026
- Registered sales
- 16
- Last 12 months
- Median ready price
- AED 1,985
- Per sq ft
- Construction progress
- 100%
- Completed
Dubai Land Department lists the project as completed on 1 June 2024. In the last 12 months, Dubai Land Department registered 16 sales in Terraces Marasi Drive, worth AED 73.2M in total. The median price of ready homes was 1,985 AED/sqft.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.
A completed project.
Completed
- Start
- 1 March 2022
- DLD end date
- 1 June 2024
- Completion
- 1 June 2024
- Units
- 125
- Buildings
- 1
Launch and latest registrations.
- Launch price
- AED 1,682
- First 90 days from Oct 2023, 69 home sales
- Last 12 months
- AED 1,985
- 16 home sales
- Change
- +2.2%
- Same home types, AED/sqft
Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.
Terraces Marasi Drive registered prices, over time.
Median registered price, AED per sq ft
Show the figures
| Month | Off-plan (registered sales) |
|---|---|
| Nov 2023 | 1,675 AED/sqft 28 sales |
| Dec 2023 | 1,654 AED/sqft 10 sales |
| Jan 2024 | 1,834 AED/sqft 21 sales |
| Feb 2024 | — |
| Mar 2024 | 1,763 AED/sqft 16 sales |
| Apr 2024 | 1,900 AED/sqft 7 sales |
| May 2024 | — |
| Jun 2024 | 1,625 AED/sqft 5 sales |
| Jul 2024 | — 2 sales |
| Aug 2024 | — 3 sales |
| Sep 2024 | — 1 sale |
| Oct 2024 | — 2 sales |
| Nov 2024 | — |
| Dec 2024 | — |
| Jan 2025 | — |
| Feb 2025 | — |
| Mar 2025 | — |
| Apr 2025 | — |
| May 2025 | — |
| Jun 2025 | — |
| Jul 2025 | — |
| Aug 2025 | — |
| Sep 2025 | — |
| Oct 2025 | — |
| Nov 2025 | — |
| Dec 2025 | — |
| Jan 2026 | — |
| Feb 2026 | — |
| Mar 2026 | — |
| Apr 2026 | — |
| May 2026 | — |
| Jun 2026 | — |
What does each home type sell and rent for in Terraces Marasi Drive?
Apartment · 1 bed
- Ready median price
- —
- Median yearly rent
- AED 125K
- Gross yield
- Rent only
Apartment · 2 beds
- Ready median price
- AED 4.7M
- Median yearly rent
- AED 220K
- Gross yield
- 4.7%
Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.
Service charges.
In the area report.
The Business Bay area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.
See the Business Bay area reportThe latest registered sales in Terraces Marasi Drive.
| Date | Unit | Size | Price | AED/sqft |
|---|---|---|---|---|
| 17 Jun 2026 | Apartment · 1 bed · Ready | 1,105 sqft | AED 1,750,000 | 1,584 |
| 29 Apr 2026 | Apartment · 2 beds · Ready | 2,139 sqft | AED 5,100,100 | 2,384 |
| 8 Apr 2026 | Apartment · 2 beds · Ready | 2,312 sqft | AED 3,579,559 | 1,548 |
| 8 Apr 2026 | Apartment · 1 bed · Ready | 1,226 sqft | AED 1,896,000 | 1,546 |
| 6 Apr 2026 | Apartment · 2 beds · Ready | 567 sqft | AED 947,355 | 1,671 |
| 27 Mar 2026 | Apartment · 4 beds · Ready | 13,053 sqft | AED 18,000,000 | 1,379 |
| 26 Mar 2026 | Apartment · 2 beds · Ready | 2,519 sqft | AED 5,800,000 | 2,303 |
| 18 Mar 2026 | Apartment · 2 beds · Ready | 2,142 sqft | AED 4,715,000 | 2,201 |
| 6 Mar 2026 | Apartment · 2 beds · Ready | 2,307 sqft | AED 3,900,000 | 1,691 |
| 25 Feb 2026 | Apartment · 2 beds · Ready | 2,139 sqft | AED 5,200,000 | 2,431 |
17 Jun 2026
Apartment1 bedReady1,105 sqft
AED 1,750,0001,584 AED/sqft
29 Apr 2026
Apartment2 bedsReady2,139 sqft
AED 5,100,1002,384 AED/sqft
8 Apr 2026
Apartment2 bedsReady2,312 sqft
AED 3,579,5591,548 AED/sqft
8 Apr 2026
Apartment1 bedReady1,226 sqft
AED 1,896,0001,546 AED/sqft
6 Apr 2026
Apartment2 bedsReady567 sqft
AED 947,3551,671 AED/sqft
27 Mar 2026
Apartment4 bedsReady13,053 sqft
AED 18,000,0001,379 AED/sqft
26 Mar 2026
Apartment2 bedsReady2,519 sqft
AED 5,800,0002,303 AED/sqft
18 Mar 2026
Apartment2 bedsReady2,142 sqft
AED 4,715,0002,201 AED/sqft
6 Mar 2026
Apartment2 bedsReady2,307 sqft
AED 3,900,0001,691 AED/sqft
25 Feb 2026
Apartment2 bedsReady2,139 sqft
AED 5,200,0002,431 AED/sqft
Questions about Terraces Marasi Drive
What is the price per sq ft in Terraces Marasi Drive?
In the 12 months to 5 November 2026, the median registered sale price of ready homes was 1,985 AED/sqft.
How many homes were sold in Terraces Marasi Drive in the last 12 months?
In the last 12 months, Dubai Land Department registered 16 sales in Terraces Marasi Drive, worth AED 73.2M in total. The median price of ready homes was 1,985 AED/sqft. Registered sales to 5 November 2026.
What is the rent in Terraces Marasi Drive?
In the 12 months to 5 November 2026, Apartment · 1 bed was the most rented home type in Terraces Marasi Drive, at a median of AED 125,000 a year over 25 new contracts.
When was Terraces Marasi Drive completed?
Dubai Land Department lists the project as completed on 1 June 2024.
Where do these figures come from?
From Dubai Land Department open data, published on Dubai Data, to 5 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.
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